# MAGDOLLAR LIMITED (11625363)

> MAGDOLLAR LIMITED is an active private limited company (company number 11625363) incorporated on 16 October 2018, registered in London. Its registered activity is sale of other motor vehicles (SIC 45190). Latest micro accounts cover the period ending 31 October 2024, showing net assets of £231k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 45% on the prior period (£160k).

- Status: Active
- Incorporated: 2018-10-16
- Registered office: London, SW8 3NS
- SIC 45190: Sale of other motor vehicles
- SIC 49320: Taxi operation
- SIC 77110: Renting and leasing of cars and light motor vehicles
- Next accounts due: 2026-07-31
- Confirmation statement due: 2026-10-30
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 192 comparable companies in London (median £315, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-10-31 | £231k | — | — | £401k | — | — | 2 |
| 2023-10-31 | £160k | — | — | £400k | — | — | 4 |

current ratio 0.03; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £231,340 at 31 October 2024
- Net assets up 10% or more on the prior period: +44.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 16 October 2018
- Accounts past their due date: Due 31 July 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mohamoud Ahmed Gulaid Dirie — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-10-16

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11625363
HTML: https://firmoscan.com/company/11625363-magdollar-limited